Posted by Michael Wonder on 13 Nov 2018
Express Scripts introduces novel formulary built for evolution of drug pricing
13 November 2018 - New National Preferred Flex Formulary provides employers and health plans a pathway to cover lower list price products, help deliver lower member out-of-pocket costs, and reduce reliance on brand rebates.
As drug pricing strategies continue to evolve, is keeping clients ahead of the game. Today, the company announced it is introducing a novel formulary to provide employers and health plans a better opportunity to leverage changing dynamics to help lower their members' out-of-pocket costs.
The Express Scripts' National Preferred Flex Formulary, available January 1, 2019, provides a way for plans to cover lower list price products, such as new authorised alternatives that drug makers are bringing to the market, and reduce reliance on rebated brand products.
